XRP has broken out above its $2.60 consolidation wedge, with technical analysis indicating potential movement toward $2.90 if support holds. The momentum follows a bill introduced by French politician Éric Ciotti to integrate cryptocurrencies into a new monetary framework, according to analyst Lingrid.

XRP is showing a cup-and-handle formation on its chart, indicating potential for a bullish breakout toward $4. The price has reclaimed the 20-day moving average, with rising volume and positive momentum indicators supporting the upward move, according to market analyst Steph is Crypto.

XRP has achieved a milestone with over 317,500 addresses now holding 10,000+ coins, indicating strong accumulation by larger investors despite market fluctuations, while price action shows potential for breakout from its current descending pattern.

Midas' mXRP product reaches record-breaking $30 million in deposits within two weeks of launch, while analyst identifies $2.10 as crucial support and $2.80 as resistance for XRP amid market correction.

A significant 15 million XRP transfer worth $42.1M to Bitstamp has triggered market speculation, while financial institutions increasingly view Ripple's technology as an efficient pathway to meet ISO 20022 standards by November 2025.

XRP has established market dominance in South Korea, generating $330 million in trading volume on Upbit and outperforming both Ethereum ($258M) and Bitcoin ($137M). Technical analysis indicates the $2.70-$2.80 support range is crucial for determining whether XRP will reverse toward $3.18 or extend its downtrend.

XRP Ledger has reached institutional DeFi legitimacy with over $1 billion in monthly stablecoin transactions and a top-10 position in real-world asset tokenization. Meanwhile, XRP itself is showing signs of a potential breakout, currently in its third and tightest price compression cycle since the last U.S. election.